LTC/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 44.535 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 46.08 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Harami’ candle pattern is discovered. The chart shows ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 48.56 |
| 2nd High | 46.36 |
| Next High | 46.08 |
| Current Price | 45.030000000 |
| Next Low | 43.77 |
| 2nd Low | 42.99 |
| 3rd Low | 42.19 |
46.08 – 44.59 – 44.04 – 43.77 – 42.99 – 44.41 —
45.480000000 – 44.980000000 —
58.141834341068 – 50.964616397596 —
– —
46.08 – 1782054000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami – Symmetrical Triangle Chart Pattern – –